Cost Comparison 2025

LimavsPhoenix

Peru
United States

Overall

💰

+66.7%

Lima is 66.7%more expensive

Rent

🏠

+60.7%

Housing is 60.7% higher

Dining

🍽️

+100.0%

Restaurants 100.0% pricier

Groceries

🛒

+66.7%

Food shopping 66.7% more

Comparing the cost of living between Lima, Peru and Phoenix, United States reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Lima is more expensive than Phoenix by approximately 66.7%. This comparison covers essential living expenses including housing, food, transportation, and utilities, providing you with a complete picture of what to expect financially in each city.

Key Cost Differences

Housing costs in Lima are lower than in Phoenix by 38%. A one-bedroom apartment in Lima's city center costs around PEN 2,000, while the same in Phoenix is approximately $1,400.

Dining out in Lima offers significant savings compared to Phoenix. An inexpensive restaurant meal costs PEN 15 in Lima versus $15 in Phoenix.

Public transportation in Lima is more expensive, with monthly passes at PEN 100 compared to $64 in Phoenix.

Purchasing power in Phoenix is notably stronger, meaning residents can afford more goods and services with their local salaries compared to Lima.

Grocery shopping in Lima is more affordable by approximately 40%. Basic items like milk, bread, and eggs show lower prices across the board.

Monthly Budget Breakdown

When breaking down monthly expenses, a single person in Lima can expect to spend approximately PEN 867 per month (excluding rent), while in Phoenix, the same lifestyle would cost around $535. For families, these figures increase significantly, with a family of four requiring about PEN 3,035 monthly in Lima versus $1,873 in Phoenix. These estimates include groceries, dining out, transportation, utilities, and entertainment, providing a realistic picture of day-to-day living costs in each city.

Detailed Cost Comparison

Item
Lima, Peru
Phoenix, United States

🏠 Housing Costs (Monthly Rent)

1BR City Center
PEN 2,000
$1,400
1BR Outside Center
PEN 1,200
$1,100
3BR City Center
PEN 3,500
$2,500

🍽️ Food & Dining

Meal, Inexpensive Restaurant
PEN 15
$15
Meal for 2, Mid-range Restaurant
PEN 100
$70
Cappuccino
PEN 10
$5
Domestic Beer (0.5L)
PEN 10
$5

🛒 Groceries

Milk (1L)
PEN 5
$1
Bread (500g)
PEN 5
$3
Eggs (12)
PEN 7
$3
Cheese (1kg)
PEN 25
$10

🚌 Transportation

One-way Ticket
PEN 2
$2
Monthly Pass
PEN 100
$64
Taxi Start
PEN 5
$3
Gasoline (1L)
PEN 5
$1

💡 Utilities & Internet

Basic Utilities (85m²)
PEN 200
$140
Internet (60 Mbps)
PEN 120
$65
Mobile Minute
PEN 0
$0

Tips for Moving Between Cities

For those considering a move from Lima to Phoenix, the cost savings can be substantial, particularly in housing and daily expenses. However, it's important to factor in salary differences and job opportunities. Conversely, moving from Phoenix to Lima requires careful financial planning. Consider negotiating salary adjustments that reflect the higher cost of living, and research neighborhoods outside the city center for more affordable housing options while maintaining reasonable commute times.

Quality of Life Indices

Lima

Cost of Living Index42
Rent Index28
Purchasing Power Index38

Phoenix

Cost of Living Index70
Rent Index45
Purchasing Power Index90

Frequently Asked Questions

Is Lima more expensive than Phoenix?

Yes, Lima is approximately 66.7% more expensive than Phoenix overall. The biggest differences are in housing and restaurant prices.

How much salary do I need in Lima compared to Phoenix?

To maintain the same standard of living, you would need approximately 1.7x of your Phoenix salary when living in Lima. For example, if you earn $50,000 in Phoenix, you'd need about $83,333 in Lima for a comparable lifestyle.

What are the biggest cost differences between Lima and Phoenix?

The most significant cost difference is in dining out. Restaurant prices vary by about 50%, which can significantly impact your entertainment budget. Transportation and utilities show notable variations between the two cities.

Which city is better for expats and digital nomads?

Phoenix offers better purchasing power, making it more attractive for those earning in strong currencies. However, Phoenix provides lower living costs, which benefits budget-conscious travelers. Consider Lima if you prioritize cultural experiences, or Phoenix for better value.

What's a reasonable monthly budget for Lima vs Phoenix?

In Lima, a single person needs approximately PEN 2,067 per month (including rent), while a family of four requires about PEN 5,235. In Phoenix, these figures are $1,635 for singles and $3,773 for families. These estimates include housing, food, transportation, and basic entertainment.

The cost of living comparison between Lima and Phoenix in 2025 shows significant differences across various expense categories. Whether you're planning a relocation for work, considering retirement options, or simply curious about living costs, understanding these differences is crucial for making informed financial decisions.

Need to calculate salary equivalence?

Find out how much you need to earn in Phoenix to maintain your lifestyle from Lima

Calculate Salary Equivalence

Last updated: 2025-01-15 • Data sourced from multiple providers